The renminbi (RMB) has become something of a buzzword that is mentioned in all discussions, despite the fact that the currency is not convertible. In fact, there are good reasons for its notoriety. First of all, it is the currency of an economy that within only a few years has become the biggest...

The internationalisation of the Chinese renminbi has taken a path distinct from most cases involving previous international currencies, in that policy measures adopted by governments have played crucial roles in it. This paper conducts a cross‐country analysis of the factors that have led...

This study analyses how a state's reactive currency statecraft—its strategic reaction to an international currency issued by a foreign state—is shaped, by devoting special attention to its broad foreign policy stance toward the state issuing that international currency, with a main empirical...

How did developing countries adapt to the collapse of the Bretton Woods system? Using new archival evidence, we argue that New Zealand offers an interesting case study of decision-making in a small economy dependent on primary production with close economic and political links to two larger...